TheContrarian

TheContrarian | Joined since 2016-04-28

Investing Experience Advanced
Risk Profile Moderate

I buy when the majority are selling, I watch when the majority are buying, I sell when the majority are getting excited!

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User Comments
Stock

2020-08-17 21:40 | Report Abuse

Ok, thanks.

Stock

2020-08-17 20:13 | Report Abuse

Calling out to Mr Sslee, do you have the details of the amount of Inari shares sold by Insas from 1/4/20 to 30/6/20?

Stock

2020-08-15 19:42 | Report Abuse

@linges I also hope for next wave .... but we don't know for sure if there will be one soon or do we have to wait weeks? months? even years? Stock trend can change suddenly.

Stock

2020-08-15 19:13 | Report Abuse

Speaking of gloves I held Supermax for years until I sold at RM22.52 on Monday morning.

Stock

2020-08-14 19:25 | Report Abuse

Since you have bought it back at 0.06, just hold on and when it goes to 0.075/0.08, consider letting go. Remember that volume is not accumulation by major buyers but goreng by syndicate. If there were accumulation there must be announcement made to Bursa once it hit 5% substantial shareholding which is around 65 million shares.

Stock

2020-08-14 19:18 | Report Abuse

Mr Sslee, your weakness is you have fallen in love with Insas. In the 2017 post-CNY rally (did I get the year right) I sold off ALL my Insas shares at between 1.06 to 1.10. My cost then was around 0.65 to 0.68. Then when price drop to below 90 sen I started to buy back. In the stock market if you want to win, you mustn't try to go against the tide (trend). I have 27 years of stock market experience.

Stock

2020-08-14 19:09 | Report Abuse

@linges .. I am not topping up. In fact I never top up since I hit 1,025,000 shares and sold off 700,000 shares for a profit of RM36,000.

Stock

2020-08-14 17:49 | Report Abuse

@linges .. tu 10 mil just joking, got hahaha in the comment. I now have balance 325,000.

Stock

2020-08-14 14:59 | Report Abuse

Who still hold 450k?

Stock

2020-08-14 14:49 | Report Abuse

Bought more Prestar at 0.49.

Stock

2020-08-14 13:24 | Report Abuse

Bought Prestar at 0.51 today.

Stock

2020-08-13 13:52 | Report Abuse

OMG, you sold at 0.06! You allow fear to influence your selling. The overall stock market is still bullish, just don't over speculate. When price rise beyond TP I usually sell in stages.

Stock

2020-08-12 20:49 | Report Abuse

1point5kupang bought at a very high price 5 years ago (I think it was 11 sen) but earlier this year he managed to average down his cost to about 4 sen, so he made a good gain.

Stock

2020-08-12 18:05 | Report Abuse

Hexza price too high already, used to be below RM1.

Stock

2020-08-12 15:46 | Report Abuse

My first TP for Reach is one point five kupang. Any rally depends on Brent crude oil price. If Brent rally, Reach will rally. No glove fake news.

Stock

2020-08-12 15:28 | Report Abuse

I am still holding my Reach bought at 0.075 last week.

Stock

2020-08-12 15:27 | Report Abuse

Notconfused, I bought Uzma at 0.605 and Jetson at 0.18 today.

Stock

2020-08-12 15:21 | Report Abuse

Thanks.

Stock

2020-08-12 14:31 | Report Abuse

Tukar tyre, then speed off again.

Stock

2020-08-12 14:23 | Report Abuse

Should I enter Prestar?

Stock

2020-08-12 14:16 | Report Abuse

Notconfused, you can consider other penny counters which will run faster. MLab will be slow as always.

Stock

2020-08-12 13:19 | Report Abuse

10,000,000 @ 0.06 is for day trading, have to sell by end of today..

Stock

2020-08-12 12:42 | Report Abuse

Honestly I don't think can reach satu kupang in the near future.

Stock

2020-08-12 12:06 | Report Abuse

I bought 10,000,000 MLab shares at 0.06 this morning. Hahaha, wish me luck.

Stock

2020-08-12 11:40 | Report Abuse

On 10 September someone will announce takeover of MLab at 0.15.

Stock

2020-08-12 11:20 | Report Abuse

In total I made a gain of RM36,000 from MLab so far from 700,000 shares sold.

Stock

2020-08-12 11:03 | Report Abuse

Managed to sell 100,000 at 0.075 today. Still have balance 325,000.

Stock

2020-08-12 10:27 | Report Abuse

Yesterday at 4.50 pm sold at 0.65, now buying back.

Stock

2020-08-12 10:26 | Report Abuse

Glove counters profit taking. Luckily sold Supermax yesterday.

Stock

2020-08-12 09:34 | Report Abuse

MLab glove is fake news.

Stock

2020-08-11 22:04 | Report Abuse

Collected last week now huat!

Stock

2020-08-11 12:30 | Report Abuse

Reach already satu point dua setengah kupang.

Stock

2020-08-11 11:44 | Report Abuse

Oil rally.

Stock

2020-08-11 10:55 | Report Abuse

Sold Supermax, MLab still holding.

Stock

2020-08-11 10:33 | Report Abuse

Sold off Supermax today.

Stock

2020-08-10 16:33 | Report Abuse

Go, go, go Masteel. Steel rally now.

Stock

2020-08-08 21:51 | Report Abuse

I didn't know about hoarding hundred million in Australia. Please elaborate.

Stock

2020-08-08 21:50 | Report Abuse

Rumours tell me a special dividend of 20 sen on the way. But then it's just rumours, rumours, rumours. :-)

Stock

2020-08-08 21:13 | Report Abuse

Obviously DST wants to "lend" money to Insas in return for dividend of 3.8% p.a. for a five years period and "invites" all existing shareholders to do likewise in proportion. As sweetener those who "lend" gets 2.5 warrants for every ringgit of the "loan". No one is forced to "lend".

Stock

2020-08-08 19:32 | Report Abuse

A dilution would happen in the case of an ESOS
granted to directors or employees or a private placement of shares at a price below its net worth.

Stock

2020-08-08 19:27 | Report Abuse

Dear Mr Sslee, what stockraider is saying is that if all existing shareholders own proportionally the warrants there cannot be a dilution to one's own shares. A dilution happens when shares or warrants are issued at prices below the net worth to non-shareholders or to only certain shareholders.

Stock

2020-08-08 10:29 | Report Abuse

Dear Mr Sslee, I may appear like a novice to you because I don't blog but I cut my teeth in the stock market in 1993 as a very young lad. I eventually lost 90% of my investment in the first 6 years. Then in early 2000 my remaining 10% made so much gains that I recovered all my previous losses and went on making more over a 4 months period. I cashed out and bought a condominium unit with a nice seafront view. For the past 20 years I have never lost in the stock market. I am now in the stock market for just some pocket money. This week I made RM12,500 from selling two counters. I am sure it's peanuts to you but then I have only small amount invested. I have been respectful to you and still am. I have seen many, many cash raising proposals. I tell you that this proposal from Insas will enhance the overall value of its market price. I have not been wrong in the past 20 years. Trust me. We will prosper together.

Stock

2020-08-07 23:32 | Report Abuse

Mr Sslee, this is not a really a cash call in the true sense. It is a redeemable preference share issue, sort of a temporary borrowing from existing shareholders in proportion. As a sweetener, the Company gives free warrants to the shareholders who subscribe. If a shareholder does not wish to subscribe, he may sell his subscription rights in the market during the trading of the rights.

Stock

2020-08-07 21:23 | Report Abuse

There's just nothing special in MLab compared to other penny counters.

Stock

2020-08-07 21:21 | Report Abuse

If penny counters continue to move up, MLab will also follow with the uptrend.

Stock

2020-08-07 21:18 | Report Abuse

MLab volume goes beyond 200 million a few times also price only inch up.

Stock

2020-08-07 21:16 | Report Abuse

INIX volume today about half of its total shares.

Stock

2020-08-07 21:14 | Report Abuse

If you can't beat the crooks, join the buying and gain together. :-)

Stock

2020-08-07 21:09 | Report Abuse

Listen to me. The problem is the shares issued have ballooned into too huge due to frequent PP and ESOS. Compare it with INIX which has smaller shares size. Easier to push up INIX.

Stock

2020-08-07 20:17 | Report Abuse

Mr Sslee, you have sooooo many followers!